Disclaimer

Disclaimer: This blog should be read as a 'whiteboard' of my daily thoughts and ramblings and specifically not, in any way, advice to trade. My interpretation of the works of Gann, Goodman, Fibonacci, Elliott, Hurst et al; is entirely my own and should be read as such. Any opinions, news, research, analyses, prices, or other information contained in this report are provided as general market commentary, and does not constitute investment advice. I will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.

Thursday, 13 December 2012

EURUSD: 9.08am

It has taken its time but I think Elvis is just about to leave the building! That is the parallel of the fibfan and its Pitchfork from the 1.2878 low, being attacked right now. Below the daily pivot should be very whooshy indeed. Once we get a 5 down sequence, I'll be able to draw in the fibfan for the retracement zone for topping up. Back later.
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